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Debt Buster - HECM Reverse Mortgage or Jumbo Reverse Mortgage

Debt Buster - HECM Reverse Mortgage or Jumbo Reverse Mortgage

Use a Reverse Mortgage to get rid of your mortgage payment, stabilize your debt and put yourself in a solid position to live within your means during these uncertain times. Now, with inflation and high interest rates that can make debt very costly, it is

Apr 19, 2023 | Reverse Mortgage supplemental retirement income mortgage debt Inflation Debt

Using a Reverse Mortgage to Balance out the Effects of Inflation

Using a Reverse Mortgage to Balance out the Effects of Inflation

Headline inflation has hit us all mainly at the gas pump and the food store, but it’s everywhere and the adverse effects are more prevalent amongst people that live and depend on fixed income.  HECM Reverse Mortgage endorsements had their best year in 202

Apr 11, 2022 | Reverse Mortgage Retirement Planning supplemental retirement income Retirement income insecurity lifetime income with a Reverse

Jumbo Reverse Mortgage Option

Jumbo Reverse Mortgage Option

Low interest rates have, in one perspective, liberated older homeowners by giving them many choices to stay in their family homes with Jumbo Reverse Mortgages.  Some of the choices may include paying off existing mortgages and other debt, adding liquidity

Oct 16, 2019 | supplemental retirement income Age in Place downsizing Jumbo Reverse Mortgage 55+

Reverse Mortgages and Social Security

Reverse Mortgages and Social Security

Recently, there has been a lot of hype over the suggested strategy to utilize a government insured Reverse Mortgage to provide for more benefits over a lifetime with Social Security.  I do not claim to know the exact reasoning or motivation behind th

Dec 12, 2017 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Social Security

Understanding Reverse Mortgage Requirements for Occupancy

Understanding Reverse Mortgage Requirements for Occupancy

There are two separate and distinct occupancy requirements for a HECM Reverse Mortgage that often get confused depending on whether you are applying for a new loan or you already have an existing reverse mortgage.The first is general occupancy requirement

Oct 17, 2017 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Seniors

The Paradox of Aging - Four Bucket Strategy

The Paradox of Aging - Four Bucket Strategy

There is a lot of talk about aging, longevity, and the fear of running out of money.  There are people at every corner that will advise you to save more money and to prepare for illness, care needs, and ultimately unexpected longevity.  I person

Sep 09, 2016 | Reverse Mortgage Retirement Planning supplemental retirement income Retirement income insecurity Retirement security

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